19 mins ago - Business

Swyft Fiber establishes HQ in Metairie

Chelsea Brasted

A line of suited officials participates in a ribbon-cutting ceremony, holding a long blue ribbon and scissors, in a wood-paneled room with a blue backdrop. — Swyft Fiber CEO Jason Hunt cuts the ribbon on the company's Metairie headquarters. Video: Chelsea Brasted/Axios

Swyft Fiber committed to establishing its headquarters in Metairie as the Louisiana company plans to hit $1 billion in investment, CEO Jason Hunt said Thursday.

Why it matters: The company is focusing on expanding broadband fiber access to rural Louisiana, Hunt said.

"You shouldn't have to decide where you live and work based on where fiber broadband is at," he said.

Zoom in: Gov. Jeff Landry attended the ribbon-cutting, using the moment to underscore his economic development policies and the state's expansion of broadband services to 150,000 more households in the past two years.

"Our rural communities … got left behind by a digital divide," Landry said. "Since I was in Congress in 2010, I had people calling me, 'Can't you just please get me some internet to my house?'"

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Swyft Fiber establishes HQ in Metairie

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